Powered by MOMENTUM MEDIA
moneymanagement logo
 

INCOME TAX

Superannuation

Financial advisers may be unaware of the hidden costs with regards to the taxation treatment of lump sum benefits from superannuation, according to Damian Hearn....

Policy & Regulation

The Sydney District Court has sentenced finance broker and unregistered tax agent Angelos Giourtalis to nine years in gaol for 57 counts of tax fraud....

Superannuation

Law firm advises establishment of separate trust arrangements to avoid penalties around transitionary elements of excess contributions following an Australian Taxation Of...

Editorial

Troy Smith outlines what bankruptcy is, when it should be filed for and what income and assets would be available to creditors....

Superannuation

Jennifer Brookhouse outlines the issues to consider when deciding whether a superannuation death benefit going to a child should be paid as an income stream or into a tes...

Superannuation

The Government has amended its recent superannuation guarantee amendment bill to now abolish the age limit for compulsory contributions altogether. ...

Financial planning

In the third quarter of 2011, 356 people and 122 companies were prosecuted and convicted of taxation and superannuation offences, according to acting Tax Commissioner Jen...

Financial planning

While the proposed Future of Financial Advice changes and their potential impact on financial advisers remain the hot topic, there is another acronym - TOFA - which deser...

Policy & Regulation

The proposed changes to transfer pricing rules will ensure multinational corporations operating in Australia pay the correct amount of tax on their income, according to A...

Superannuation

Self-managed super fund (SMSF) software firm BGL Corporate Solutions has added Bendzulla Actuarial to its actuarial certificate providers....

Superannuation

When a self-managed superannuation fund (SMSF) member or trustee travels overseas for an extended period, their SMSF could lose the tax concessions it enjoys. Nicholas Al...

Life/Risk

Macquarie Adviser Services has welcomed recently issued income tax regulations that clarify the extent to which super fund trustees can claim tax deductions for life and ...

Financial planning

Bravura Solutions has released the latest version of its private wealth and portfolio administration software to deal with the Government's regulatory changes to the Taxa...

Financial planning

Bravura Solutions has released the latest version of its private wealth and portfolio administration software to deal with the Government's regulatory changes to the Taxa...

Financial planning

Deborah Wixted questions whether provisions of limited relief regarding excess contributions tax could be classified as 'relief'....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 days 12 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 3 days ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

5 days 8 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 5 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

2 weeks 4 days ago